Together offers products for non-standard residential purchases, as well as specialist buy-to-let mortgages and bridging finance.
Claire Rankin, who is currently head of networks, residential mortgages, will also become interim sales director.
Maeve Ward quits Shawbrook as bank admits it has lost market confidence and says sorry to brokers and borrowers
Maeve Ward has quit Shawbrook “to pursue other career opportunities” and the bank has admitted it has lost confidence, got it wrong and has apologised to both brokers and borrowers. Ward has worked for the group since 2009 and has played a key role in building Shawbrook’s second charge business. Her departure follows that of […]
At Lloyds he was a senior sales adviser with responsibility for a team of 10 advisers, before joining the intermediary telephone sales team and then being promoted to a key account manager for Scotland.
The lender’s loans are available for amounts between £50,000 and £5m at a maximum loan-to-value of 80% for both professional individuals and limited companies.
Rates start from 4.5% and products cater for customers with an impaired and improving credit history, those with a short work history, customers with a low credit score and also later life borrowers.
Nearly three quarters of portfolio landlords have found it more difficult to secure a mortgage since the PRA changes were introduced, Foundation Home Loans has found with BDRC Continental. The Prudential Regulation Authority (PRA) regulation means borrowers with four or more mortgaged properties will be classified as portfolio landlords and subject to the new standards, like submitting a forward-looking […]
This is the first time yields have fallen below 9% since the index was launched in 2011.
If an application fails the test, dependent on the case, Landbay may consider applications using up to 10% of the declared income, subject to a minimum personal income of £100,000.
Specialist lender Bluestone Mortgages has appointed Simon Wilson (pictured) as key account manager from Kent Reliance. He will be responsible for managing Bluestone’s distribution partner relations and key accounts within southern areas of the UK. Wilson has over 15 years of financial services experience, having also worked at Nationwide Building Society and Santander. Steve Seal, […]